Features
371 Somerset Road, Oakland
Neighborhood: Piedmont Side of Montclair
Residential Income Property in a Sylvan Setting
Whether for an investor or owner-occupant, this four-unit residence presents a great opportunity in a magnificent location. This is truly an oasis. With easy access to freeways and Montclair Village, and nearby trails for hiking, the neighborhood is ideal, both central and private. Nestled into an area with single-family homes, this strip of Somerset Road in Oakland is a pleasant surprise as it includes some lovely multi-unit buildings.
Each of the four units is positioned a few steps down from the other, a configuration that allows for a sense of privacy among residents. Three of the units are two-story dwellings, each with a cozy front patio entrance. They feature an open living/dining area, in-unit laundry availability, and a kitchen on the main floor, with two bedrooms and one full bath on the upper level. Two of the four units are vacant. This building has four enclosed garage spaces.
The fourth unit is single level and lives very comfortably. This very special flat is vacant and could potentially be an owner’s unit as its architectural features include a fireplace, a kitchen that opens to the dining area, and sliding doors that allow sun to filter in. It opens out to a spacious deck with expansive green views. Whether dining on the patio or simply enjoying the outdoor atmosphere, one experiences a sense of comfort and privacy. Additionally, there is a large separate laundry room.
A serene investment property, situated on the Piedmont side of Montclair, this building has been owned and managed by the same family for many years and reflects genuine pride of ownership.
Price $1,650,000
Montclair
Tucked away in the wooded hills and winding streets above Oakland, Montclair is a small community with an appealing central shopping district. Sizable custom homes, along with a mix of Mediterranean, Craftsman, and contemporary-style homes are situated on forested lots, offering an elegant retreat from the city.
The Montclair Business District is a throwback to a simpler time before strip malls, megamalls, and big-box stores. Residents can find everything they need, from dry cleaning and groceries to restaurants. Local restaurant favorites include the Montclair Egg Shop, Flipper’s Gourmet Burgers, and Crogan’s Montclair Restaurant. Gourmet specialty items are available at Le Bonbon, and Farmstead Wine and Cheese. A farmers market on Sundays provides fresh local produce and baked goods. Montclair is home to fine-arts festivals throughout the year and a jazz festival in the late summer that enlivens the street scene.
